anonymous1759:


I can only answer That question for a high school kid or a jambyte . If you’re above those levels and you still ask those questions you need to look inwards.

chopnaira:
What a Wawu. While some are still begging FG for a sea port even though they have no sea.

Cross River is following the lead of Lekki deep sea port in Lagos. Both ports soon to be connected by the coastal highway.

CheapHomes1:


half of what you wrote was on what the project is and what it entails which does not in any way answer the questions I asked which are "what is the benefit of the lagos-calabar coastal highway to nigeria? how is the road futuristic and innovative?"

you said that the coast highway will "stimulate economic growth, facilitate trade, and enhance regional integration by improving connectivity and reducing travel times between key economic zones."

can you pls explain how the coastal highway will accomplish this? are these activities not presently happening? are there no roads that presently link or provide connectivity? pls what is the state of those roads?

you also said that the road will have "far-reaching socio-economic benefits, including the creation of employment opportunities, the promotion of tourism, and the enhancement of accessibility to essential services for communities along the route."

this is quite ambiguous. can you pls break it down? what are those employment opportunities the road? how will the road promote tourism? are you saying that without this road, tourism will not be promoted? what are the essential services that this road will provide access to?

when you say "The Lagos-Calabar coastal road project holds the potential for unlocking the hidden productivity of the country’s coastal regions and hinterlands. Improved transportation infrastructure reduces travel times, lowers transportation costs, and enhances market access for businesses of all sizes. This, in turn, spurs investment, stimulates trade, and catalyzes economic diversification", you are just repeating the things you said earlier but in different words.

what are the hidden productivity of the country's coastal regions and hinterlands and help tie them to this road lets see how the road will unlock them.

how will the road achieve this...."Moreover, by integrating remote communities into national and regional supply chains, the Lagos-Calabar coastal road bridges the rural-urban divide, fostering inclusive development and reducing income disparities."

are there no existing roads between Lagos and Calabar that can achieve the goal you stated above?

how will the road foster "inclusive development and reduce income disparities"?

bitbillionaire:
While your mates are gathering money and positioning themselves to invest in real estate, hospitality and tourism businesses, shipping and transport related business, etc, along that Lagos - Calabar coastal road dey there dey ask plenty questions you hear?

Goodvibes007:

Did you just really ask this question?

And you say you are in property development lol.

Dedeity:
A country without electricity like Nigeria does not need coastal high way. It brings less jobs and development for the Nigerians and Nigeria

YesDaddyTill203:


If you need someone to explain the benefits to you, then it's too late.
It will just go over your head, you will never comprehend it. No need to waste time and effort.

CheapHomes1:


am guessing your mates "are gathering money and positioning themselves to invest in real estate, hospitality and tourism businesses, shipping and transport related business, etc, along that Lagos - Calabar coastal road".

are you part of your mates that "are gathering money and positioning themselves to invest in real estate, hospitality and tourism businesses, shipping and transport related business, etc, along that Lagos - Calabar coastal road"?

caracas:

Trash
You guys keep deceiving yourselves unnecessarily
So how many houses n hotels were built along the east west road when it was first constructed?how many were built along Lagos Ibadan express way ?
You expect ppl to start building houses n hotels along a highway? For what purpose exactly ? How many hotels have you ever stayed in while traveling?
Do you guys even understand what a high way or super highway is?

ThinkSmarter:
It will open up the creeks of niger delta for economic development.
New cities like Ibeju-Lekki, Bonny Island, Brass will spring up.
Even private varsities will be sited there.
Also be in the know that foreigners prefer doing business and living in coastal cities.
Also, access to sea guarantees higher safety in times of crisis than being stranded in the hinterland.

CheapHomes1:


since your parents didnt use your school fees to buy goat, I am surprised that you could not answer the simple questions. lets try again. what is the benefit of the lagos-calabar coastal highway to nigeria? how is the road futuristic and innovative?

dibunotion:
Obi has not been reacting lately

adamusuleiman1:


Cross River State government, has secured a $3.5 billion funding from the Pan-African multilateral financial institution, African Export-importbank (Afreximbank), for some of its key infrastructure projects in the state.

The state governor, Senator Bassey Otu, who was in Egypt, last week for a workshop, also visited the African Export-Import Bank (Afreximbank) in Cairo to explore partnership in key infrastructure projects to be undertaken in the state.

The workshops held during the visit culminated in the signing of a project preparation facility for the development of a deep seaport estimated to cost $3.5 billion.

Securing the funding at a workshop attended by the governor as well as some of the key members of his government at the bank’s headquarters in Cairo, the Egyptian capital, Otu noted that ”This is a world-class partnership that will result in positioning Cross River State economically.”

Otu, who expressed excitement about the collaboration with Afreximbank, emphasized the importance of the projects in driving economic growth and development in the state, highlighting the potential for attracting foreign investment and stimulating economic growth.

At the visit to Afreximbank, Otu also had extensive Government-to-Business (G2B) meetings with tier 1 companies, including Orascom Construction, Elsewedy Electric, and Hassan Allam Holdings.

One of the highlights of Governor Otu’s engagement in Cairo was the signing of Project Preparation Facility Agreement and Financial Advisory Agreement with Afreximbank for two major projects in Cross River – the Bakassi Deep Seaport and 217km Superhighway integrated Project, as well as the Obudu Cattle Ranch and Mountain Resort project.


https://www.vanguardngr.com/2024/05/criver-secures-3-5bn-for-bakassi-deep-seaport/amp/

grandstar:
This is very good news.

My chief worry is if there is enough freight traffic to sustain it.

The Cross River state government should build a massive Export Processing Zone with the manufactured products exported through the zone.

An eco-system can be created around the seaport.

YesDaddyTill203:
Good.

Dem go soon build a SEAPORT for the SE by the many many BILLIONARES from ANambra alone.

Oh shit, I forgot. SEA no dey for that area. Landlocked by nature.....No wonder they wan claim Lagos by any means necessary.

caracas:

You are the opposite of your moniker,
The question is on the coastal road n not coastal city
Or you don’t know there’s a difference? Does coastal road necessarily mean access to sea? Have Nigerians n ppl leaving in Nigeria not been having access to the sea? Why did the British not build a coastal road in Nigeria when the ruled , since according to you foreigners cannot do without it….
You guys are just a confused lot….
There is absolutely nothing special that road is bringing apart from it being an elephant n signature project

Scatterscatter:


So you expect me to waste my time answering such dumb question.
You know what, I initially thought you asked the question by mistake but you just confirmed that it wasn't a mistake.
At this point, I strongly advice your parents not to will any inheritance to you. Your IQ can't manage any property, not even a goat cage.

CheapHomes1:


pls do you understand the context of the post you responded to?

caracas:

Yeah I get you
Only realized after I had posted that you are against the coastal road….
Apologies…